New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-03-01
A DANGEROUS EXPEDIENT.
RUMOR THAT THE BRITISH CABINET WILL
PROSECUTE ARCHBISHOP CROKE.
CONSERVATIVES DEMANDING COERCIvE MEASURES
LORD SALISBURY ON THE CURRENCY QUEs-
TION-OPPOSING BI.METALIIsM AND IN

CONSERVATIVES DEMANDING COERCIvE MEASURES
LORD SALISBURY ON THE CURRENCY QUEs-
TION-OPPOsING BI-METALLIsM AND IN
FAVOR OF THE GOLD STANDARD.
LONDON, Feb 2S.-A rumor published in this
evenin,' Is papers to the effect that the Cablheo
had decided to prosecute Archbishop Croke for ad-
vocating the non-payment Of taxes caused teni-
poiary sensation. In the House OF Commons
William Johnston, the Orange leader, asked SIR
Michael Hicks-Beach what the Government IN
tended to do regarding the Archbishop. oir
Michael declined 10 say more than that the ques-
tion was engaging the attention OF the Govern
ment. The Parncllites greeted this reply WIN
derisive laughter. The report is disbeleved III
official circles, the opinion being that The Mlnisuy
has no intention of counting an Overwhelming
disaster In Ireland.
The Conservative members in Parliament who
ere impatient over the delay in adopting coerclvc
measures will meet tomorrow to take concerted
action with the object of inducing Conservatives
to combine in exerting pressure upon the Govern
ment to take immediate steps. The Dublin
executive has authorized all local magistrates to
proclaim every Plan # Campaign meeting and to
demand the assistance of the military and police
without awaiting sanction from headquarters
David Sheehy, NJ. T.. for South Galway, Will be
reno, ed from the Office # Sheriff Of Limerick for
presiding at Plan of Campaign meetings.
In the House of Lords this evening the Duke OF
Marlborough called attention to the currency
question urging special consideration of the
effects which the depreciation of gold, with the
present difference in the exchange value OF the
r1ipee NAV have on trade and agriculture in Great
Britain
Lord Salisbury said that the Currency Com
mission would duly consider the subject. lie
thou. hit that the effects Of the appreciation OF
gold had been exaggerated In many other Obvious
cases of hard times and bad seasons The extreme
competition of America was not produced by any
fall or rise in the standard of value but was
chiefly due to the acceleration Of the means OF
comma munication. 1t not yet proved that any
Gov ernment had the power to remedy the dis
turbance of the standard value, or that 1t was
possible to get rid Of the difference between the
standard of India and Europe. Everything as yet
learned showed that to reconcile the difference
was a task of extreme difficulty He had seen y
number of schemes for altering the standard of
value, but never one that could commend Itself
to the jud ment of any Ministry. SUI posing 1t
were possible to establish permanent relation
between the values Of silver and gold. ID could
only be done by an glecment between all the
coin-isslijnr nations of the world What chance
was there of such an agreement being reached =?
They must advance very much more along the
path of international concert before such an
achievement could be anything but speculation
;"IIear, hearl")
Lord Salisburys remarks forecast that the re-
port of the Currency Commission Will be dead
a. ainst bi-metalism and in favor of the gold
standard leaving the relations Of the values OF
The two metals to the operation Of the economic